Specifies the systems of control for ensuring the fitness and propriety of managers as defined in §2 and the Fourteenth Schedule of the Banking Ordinance: the fit and proper criteria (probity, reputation and character; knowledge, experience and competence; financial soundness and independence), the major principles and assessment procedures of the control system, the HKMA's regular review and its powers, and the notification requirements on appointment including temporary appointments. Classification: a statutory guideline issued by the Monetary Authority under the Banking Ordinance §16(10); version V.1, 24.05.02; applies to all AIs.
The graph holds this control, the 0 it maps to, and the evidence behind each claim, over MCP and REST.